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Bipartisan push to ban congressional stock trading highlighted in House Administration hearing
Summary
Representatives argued for legislation to bar members of Congress from trading individual stocks, pitching blind trusts or mandatory broadly held funds as options to restore public trust.
Members of the House told the Committee on House Administration they support legislation that would bar members of Congress from trading individual stocks while in office and that the panel should advance proposals to limit potential conflicts of interest.
Representative Mr. Magaziner said he and Representative Mr. Roy co-sponsored the Trust in Congress Act (H.R. 396) to “ban members of Congress…
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